Active
999 N Confidential Street
Palatine IL, 60067
$3,500,000
$80.35 per sqft
Active
1 Acre
Land
Courtesy of Compass
Welcome to downtown Palatine, sitting on an acre of land, this 21,500 square feet building built in 2003 is comprised of a restaurant with a full kitchen, bar setup on every level with a mezzanine leading to a rooftop deck, the building is complete with a drive thru lane. The site was previously proposed for redevelopment with a new 6 story mixed use building, complete with a rooftop amenity deck and 9,900 square feet of ground floor commercial space. The retail commercial space is divisible and includes approximately 1,250 square feet of covered patio area. The proposed development includes approximately 52 residential units located on floors 2-6, made up of 2 bedrooms/2 bath units and 2 bedrooms+den/2 bath units. The rooftop residential amenity deck to include an enclosed amenity area, terraces, and elevator access. The building is accessible to the Palatine Metra rail line, and is within the transit oriented development area parking requirements. With an existing 42 surface spaces. Palatine is a thriving commercial trade area - an ideal location for ambitious professionals and businesses alike. Contributing to an engaging and vibrant community atmosphere that's primed for continued growth and development.
12119741
MLSⓇ ID
July 24, 2024
Listed
September 5, 2024
Updated
Map
999 N Confidential Street
Palatine IL, 60067
Exterior/Building Features
Lot Size
1 Acre
School Information
School District
15
High School
Wm Fremd High School
Other Property Details
Area Name
Palatine
Taxes
$114,475
Tax Frequency
Annually
Days on Market
44
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
Palatine
Pool
No
Zoning
COMMR
Listing History
Date | Event | Price |
---|---|---|
8/30/2024 | Price change | $3,500,000 -11% |
Courtesy of Compass, Sharon Dolezal,
Listing Contact: 847-361-0864
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Data last updated 5:39 AM UTC, 9/5/2024